Corrs Advises on the Creation of the Largest ASX Listed Independent Coal Company

Monday, December 12, 2011
Corrs Chambers Westgarth is advising Whitehaven Coal Limited (ASX:WHC) on the all scrip merger-of-equals with Aston Resources Limited (ASX: AZT), and its simultaneous acquisition of Boardwalk Resources, to create a leading independent coal producer. The merger is valued at approximately A$5.1 billion and represents one of the largest announced coal deals in the Australian market this year.

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Tags:  Corrs Chambers Westgarth

Herbert Smith Advises China Outfitters Holdings Limited on Its HK$1.13 Billion IPO

Monday, December 12, 2011
International law firm Herbert Smith has recently advised China Outfitters Holdings Limited (“China Outfitters”; HK Stock Code: 1146) on the HK$1.13 billion (US$145 million) listing of its shares on the main board of the Hong Kong Stock Exchange and Rule 144A/Regulation S global offering. The IPO was completed on 9 December 2011.

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Tags:  Herbert Smith Freehills LLP | Hong Kong

Clyde & Co Advises China Re on Landmark Strategic Partnership

Monday, December 12, 2011
A team of lawyers from Clyde & Co’s Shanghai and London offices advised China Reinsurance Corporation (“China Re”), the country’s only state-owned reinsurance group and largest reinsurer, in connection with the formation of a strategic partnership with Catlin Group Limited (“Catlin”) that will result in the establishment of a special purpose syndicate at Lloyd’s of London.

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Tags:  Clyde & Co LLP | Shanghai

Simpson Thacher Successfully Represents Hellman & Friedman and Datatel in Obtaining Department of Justice Clearance of Proposed Combination with SunGard Higher Education

Monday, December 12, 2011
The Department of Justice Antitrust Division cleared the proposed combination of the businesses of Datatel and SunGard Higher Education, two providers of student information systems and related products for higher education institutions.  The Antitrust Division cleared the proposed combination following a Second Request investigation.  Affiliates of private equity firm Hellman & Friedman will acquire the SunGard Higher Education businesses from SunGard Data Systems and combine the acquired businesses under a new holding company with Datatel, an existing Hellman & Friedman portfolio company.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Linklaters Advises on First Offshore RMB Bond Issue by a PRC Corporate

Monday, December 12, 2011
Linklaters has advised on the first offshore RMB bond issue by a PRC corporate. The groundbreaking RMB 3.6bn three-tranche dated senior unsubordinated debut issue of  Baosteel Group Corporation, a Fortune Global 500 company with one of the highest ratings among PRC corporates (A3 by Moody’s, A by S&P and A – by Fitch) is also the largest ever offshore RMB corporate bond offering to date, illustrating the depth of the rapidly expanding offshore RMB bond market.

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Tags:  Linklaters LLP | Hong Kong

Frederick H. Hoops, III Joins Dykema in Grand Rapids

Monday, December 12, 2011

Dykema Gossett PLLC announced today the addition of Frederick H. Hoops, III as a senior counsel in the firm’s Taxation and Estates Practice Group in the firm’s Grand Rapids, Michigan office. Hoops joins Dykema from Fifth Third Bank in Grand Rapids where he was the Vice President and Senior Wealth Planner in the Innovative Wealth Solutions Group. Previous to his work with Fifth Third Bank, Mr. Hoops was with the Clark Hill firm where he also practiced taxation and estate planning. Mr. Hoops is licensed to practice in Michigan and Florida.

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Tags:  Dykema Gossett PLLC | Grand Rapids